Cedar House secures Derby The Point prelet

 

Cedar House Investments has prelet 20,000 sq ft of offices to Software AG at the second phase of the £50m The Point Office Village mixed-use scheme on Pride Park, in Derby.

 

The Point is being developed on the site of the former Bombardier bogie and signalling works to the west of Pride Park.

 

Carol Holden, of Software AG, said “We first worked with Cedar House Investments 10 years ago when we let a 35,000 sq ft office facility from them, so it was a pleasure to rekindle the relationship when we came to review our accommodation requirements this year. The move to The Point will provide the company with fresh new facilities and a strong platform for us to develop in the future”

 

When complete, The Point will comprise an additional 300,000 sq ft of commercial space. Occupiers include Ramada Encore Hotel, Handelsbanken, PX Tech and Franklin Underwood.

 

lisa.pilkington@estatesgazette.com

 

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